Last Word Chp.14

Explain the economics of the substitution of ATMs for human tellers. Some banks are beginning to assess transaction fees when customers use human tellers rather than ATMs. What are these banks trying to accomplish?

Please use the following link {YOU WILL NEED TO COPY AND PASTE THE LINK} to submit a one paragraph summary and three paragraph opinion on its modern day connection to the concept of input substitutions found in our next Chapter dealing with INPUT SUBSTITUTIONS. Include any other examples your can think of as well!

Therefore this is a two part assignment...the Last Word and the response to the article. The article information must be aligned to the idea of input substitutions and their significance but must reflect your words...your point of view with examples. (While this article is based on predicting into 2014, it is interesting to note whether or not you have seen any of these!!)

http://www.kioskmarketplace.com/articles/5-for-5-mcdonalds-order-kiosks-mobile-power-and-health-care/